Editorial: Last chance to reform Illinois pensions from a position of strength – Chicago Tribune

This is an especially good time to act. After years of decline, Illinois is getting a boost as the national economy improves and a friendly administration showers federal money on the state. The latest credit rating upgrade shows Illinois can do better than it has. It can do right by its retirees and taxpayers if it takes advantage of this temporary upswing to attempt some commonsense reforms and set the table for a brighter future.

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Remote work is here to stay — at least two days a week, top mayoral aide says – Chicago Sun-Times*

The traditional workweek that drew 600,000 employees to Chicago’s commercial office buildings Monday through Friday before the pandemic will be replaced by a “three-and-two hybrid” with two days of remote work, a top mayoral aide predicted Wednesday.

Michael Fassnacht, newly-appointed CEO of the public-private job growth agency known as World Business Chicago, said the stay-at-home shutdown that forced employees to work from home — if they could — has created an appetite for remote work that will survive COVID-19 and all its variants.

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Sales Tax Rates in Major Cities, Midyear 2021 – Tax Foundation

Among major cities, Tacoma, Washington imposes the highest combined state and local sales tax rate, at 10.30 percent. Five other cities—Fremont, Los Angeles, and Oakland, California; Chicago, Illinois; and Seattle, Washington—are tied for the second highest rate of 10.25 percent. Birmingham, Alabama, at 10 percent, rounds out the list of major cities with a combined rate of 10 percent or higher.

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Is Time Up for Tina Tchen? – Crain’s*

The influential Chicago lawyer’s involvement in the Andrew Cuomo sexual harassment scandal is raising thorny questions about the line between those who have access to power and those who hold power to account.

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Why the state pension gap keeps growing – Crain’s*

Much attention is paid, justifiably, to state lawmakers’ failure to give public employee pension plans the amount of money actuaries say is necessary to cover future obligations to retirees. The state’s latest annual pension reportblames another rise in unfunded liabilities on “actuarially insufficient employer contributions, changes in actuarial assumptions and demographics and other miscellaneous actuarial factors, along with lower-than-assumed investment returns.”

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Chicago Teachers Union at ‘impasse’ with CPS ahead of fall reopening of schools, union president says – Chicago Tribune*

“We are beginning without a comprehensive reopening agreement. This is a real problem. So far the city has not been willing to agree to metrics, which would close schools and keep us safe if this surge continues,” CTU President Jesse Sharkey said at a morning rally outside Benito Juarez Community Academy in Pilsen as school clerks returned to buildings citywide Wednesday.
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“They’re trying to cut social distancing in half. They’re trying to cut a number of other provisions, which we had in place last spring. And they’re not willing to make those commitments, and we’re not willing to

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Chicagoans’ natural gas bills are soaring – Crain’s

When the calendar turns on a new year, the average Chicago household will have paid about $170 more for heat and cooking fuel than last year. The projected $1,350 price tag comes to over $112 a month on average, easily topping the $90-plus averages Chicagoans have been paying the past few years.

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New Poll: Concern over violence rising, Chicago residents unhappy with Lightfoot, Foxx – WGN

About 45.9% of those polled disapprove of the job Lightfoot is doing as mayor, 42.5% approve of her performance and another 10.8% are unsure or have no opinion. Also under water with Chicago residents, but by a much wider margin, is Cook County State’s Attorney Kim Foxx. Just 34.7% of Chicagoans polled approve of the job the county’s top prosecutor is doing overall, 47.7% disapprove and 15.9% are unsure or have no opinion.

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Cook County property tax hikes keep stinging landlords – Chicago Tribune*

The local tax burden continues to shift from residential to commercial properties. Commercial landlords countywide this year collectively owe more than $7 billion, or 6.2 percent more than they were on the hook for last year, according to an analysis of 2020 tax year bills by Cook County Treasurer Maria Pappas’ office. Homeowners, meanwhile, will be billed $8.9 billion, or 1.3 percent more than last year.

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Politicians Who Claim To Be Serious About Stopping Covid Better Get Serious About The Border – Wirepoints

It’s long past time that the obvious questions be put to Governor JB Pritzker and other public officials who claim to be so dedicated to fighting COVID: Why aren’t you demanding that the border be enforced? Are infected immigrants being sent to Illinois? How many of Illinois’ COVID infections have been in illegal immigrants. Do you even know? Do you care?

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GOP state lawmakers say plan for spending $2.8 billion in federal coronavirus relief is loaded with Democratic pork – Chicago Tribune*

Republicans said the money was handed out with few specifics, little public scrutiny and no real opportunity for the minority party to advocate for the needs of their constituents.

The expenditures include $250,000 for Black Lives Matter of Lake County, $500,000 for Ex-Cons for Community and Social Change, and $4 million each for three commissions representing Asian, Latino and African American families. There also are millions of dollars to supplement and expand immigration integrations services.

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Blame bad policy, mostly, for Illinois’ more sluggish employment recovery – Opinion – Crain’s*

A deeper dive reveals labor force participation of Black non-Hispanic and Hispanic women without a college degree has fallen drastically. Unfortunately, bad policy could be exacerbating the problem. Illinois’ big priority is to spend $11.6 billion, more than 27 percent of the state’s budget, on public employee pensions. The result is heavy investment in past labor, with little available to invest in the future.

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The strange summer land rush in Peoria’s dying south end – Washington Post

A block that had once been home to more than 100 people was down to six who lived amid the ruins of another era. There were gaping holes in roofs and crumbling foundations. Some houses were so bad that even the squatters had quit on them, and now only raccoons and rodents sought them out for shelter.

And then, for reasons that no one in Peoria could fathom, people from all over America began snapping them up. By early summer, seven houses on this block of West Lincoln Avenue had sold to buyers from Los Angeles, San Diego, Long Island,

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The Church of Baseball – John Kass

“Don’t be sad for Lightfoot. She has been quite cruel, to her city, to her demoralized police force and their families, and just about everyone else who dares question her reign. But then, baseball can be cruel, too. The baseball gods are often cruel, as every fan knows.”

 

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Chicago execs agree: Vaccines should be mandatory for office workers – Crain’s*

Crain’s/Harris Poll: 77 percent of execs surveyed believe that vaccination should be required for workers returning to a physical office. Just 41 percent of large companies expect to operate their offices at 50 percent of capacity within a month or are already doing so, with an additional 22 percent shooting for bringing 100 percent of workers back within three months. Still, 29 percent won’t bring their full staff back onsite for at least a year, if at all. The share of business leaders who expect to maintain their pre-pandemic workspace when COVID finally passes continues to drop, moving from 32

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Getting Hosed: The $8,000 Difference Between A Metered And Unmetered Property – CBS2 (Chicago)

Since 2018, the CBS 2 Investigators have chronicled Chicago’s unfair and potentially unlawful water billing practices. “Getting Hosed” started with one couple billed $58,000 for water they didn’t use. Every bill we’ve examined thereafter has been drastically inflated and the City department whose taxpayer-funded responsibility it is to provide safe, affordable drinking water has utterly failed consumers and undermined our investigative efforts at every turn.

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Rich Miller: Union kicks back on vaccinations – Opinion – The Southern

When Gov. J.B. Pritzker recently announced that state employees who work in congregate facilities would have to be vaccinated by October 4, the largest state employee union, AFSCME, released a statement chiding the governor. “We strongly oppose any effort to define them as part of the problem,” the powerful union claimed on behalf of those workers.

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America’s ‘Re-Education’ Camps – RealClear

“But we have our own, milder, version of “re-education” camps that indoctrinate, all for a supposed good, evolved cause. We call our re-education camps public schools.

Here is one example, from Evanston, right outside of Chicago, of what first and second graders are now “taught” in school.”

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Pension woes weigh on Illinois local government ratings – The Bond Buyer

Illinois’ flawed pension funding system weighs heavily on the ratings of some struggling local government ratings and legislative action to date has made little headway in solving the quagmire, S&P Global Ratings warns.

State legislative action consolidating suburban and downstate public safety funds and moving Chicago to an actuarial-based contribution help but they fall short of alleviating the pressures bearing down on municipalities to achieve better-funded ratios.

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Governor Giveaway – City Journal

Pritzker could have used the independence that comes with bankrolling his own campaign to govern as a pro-business, centrist Democrat looking to spur economic growth so that his state could meet its liabilities and retain its tax base. Instead, he has continued down the path of high taxes and union control that will send even more citizens packing for other states. California and New York have more space for bad governance because they can afford to live off the capital of Silicon Valley and Wall Street; with no comparably powerful economic engine, Illinois is already in dire straits. In Pritzker,

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Illinois Unconcerned As Communication and ‘Science’ Behind COVID Policy Slip Toward Chaos – Wirepoints

The Illinois Department of Public health took no time at all deciding last week to say it “fully aligns” with new masking guidelines issued by the Centers for Disease Control, including universal masking in schools, regardless of vaccination status. If you think that means the “science” behind the changes must be settled or clear, you haven’t been paying attention. Contradictions, confusion and unanswered questions from national health experts and media followed the CDC announcement, none of which is apparently of concern to IDPH.

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Vaccine Proponents Would Be Wise To Remember A Key Doctrine Of Medical Ethics: ‘Informed Consent’ – Wirepoints

As if on cue, many COVID vaccine proponents from President Biden on down to Illinois columnists have resorted over the past week to insults to encourage vaccination. That won’t work. They would do their side and everybody else a favor if they focused, instead, on a bedrock principle of medical ethics and law in America and most of the world — one that’s been largely ignored: informed consent.

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Civic Federation warns of soaring spending at CPS – Crain’s*

The budget is balanced, but the reason largely is $1.06 billion from Washington in COVID relief money, the federation said. And while more money is coming, that pot is scheduled to run dry in 2024.

That’s problematic because CPS is sharply increasing spending as a result of COVID and the new contract, with the Chicago Teachers Union today holding a press conference to demand a voice on how Mayor Lori Lightfoot spends $4 billion in federal aid that the CTU says CPS is “is sitting on.”

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An Obama Center Alternative? – Crain’s*

In a last-minute bid to derail a project that finally appears to have a lot of momentum, opponents of the proposed Obama Presidential Center in Jackson Park have released some flashy schematics of how a reimagined center might instead be built elsewhere on the South Side.

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Move-outs push suburban office vacancy to another record high – Crain’s*

Driven up by the loss of nearly half a million square feet of tenants, the office vacancy rate in the Chicago suburbs rose to 26.1 percent as of the end of June, according to data from real estate services firm Jones Lang LaSalle. That’s the highest mark JLL has tracked in its two decades of data and up from 25.5 percent at the end of the first quarter, which itself marked a record high.

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Is critical race theory illegal? – Powerline

For an employer to inflict CRT training on employees against their will can be legally problematic. And even in the public schools, promoting CRT while discriminating against expression of other viewpoints may violate the First Amendment.

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This billionaire is bullish on Chicago – Crain’s*

Not even a global health crisis has slowed down Joe Monsueto’s recent streak of high-profile investments. Since buying the Chicago Fire FC—the city’s Major League Soccer franchise—in 2019, Mansueto has purchased the Waldorf Astoria Chicago hotel, bankrolled a $50 million office redevelopment in Humboldt Park and recently unveiled a plan to build a roughly $90 million training complex and headquarters for the soccer club on 32 acres in the Belmont Cragin neighborhood. His latest pursuit, though further from home, is just as attention-grabbing: He’s kicking tires on buying another soccer club overseas that could serve as an affiliate for the

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Chicago Casino Would Be a Costly Bet, Gambling Operators Say – Wall Street Journal*

Chicago leaders are searching for a company to build the city’s first casino, but big gambling operators are concerned that the government’s plans will be too costly to make the project feasible.

The city is calling for a megaresort with hotel rooms, meeting space and a surrounding entertainment district, according to a request for proposals issued in April. Chicago is hoping a casino will aid its

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Editorial: Put away the COVID-shot carrots. It’s time for some sticks. – Crain’s*

“To reach herd immunity against COVID-19 and rescue the economy from another downturn, employers must mandate vaccines…. The virus now is almost exclusively killing people who haven’t been vaccinated….Here in Chicago, only 51.7 percent of residents are fully vaccinated; statewide, that number rests at 50.3 percent. That’s a better level than many areas of the country, but still far short of the 70 percent threshold that’s widely considered to be the goal of public health officials seeking herd immunity.”

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Chicago Mayor Lightfoot Says City ‘Can’t Arrest Our Way’ Out of Surging Violence – Newsweek

“It’s obvious: we cannot arrest our way out of this problem,” Lightfoot said during the press availability.

“Fundamentally, if you look at the West Side and you look at the problems, the opioid addiction that is really harming so many individuals, families and communities, the investments we have to make in human capital and the investments we have to make in infrastructure, those are why I spend so much time on the West Side,” the mayor added.

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Editorial: A Tale of Two Recoveries – Wall Street Journal*

“States with the highest unemployment are all run by Democrats: Connecticut (7.9%), New Mexico (7.9%), Nevada (7.8%), California (7.7%), Hawaii (7.7%), New York (7.7%), New Jersey (7.3%) and Illinois (7.2%). Mere coincidence?” Shrinking populations, regulations and taxes and continuing the Democratic Congress’s $300 unemployment benefit bonus through Labor Day.

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The next inflation driver to worry about – Crain’s*

The wholesale price of natural gas—in the Chicago area the key commodity that sets the price of power in addition to keeping homes and businesses warm in the winter—is double what it was a year ago. Futures contracts for delivery of the fuel months in advance show prices well above last winter’s persisting through the coming cold-weather months.

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Illinois Democrats Play Politics With the State’s Electricity – Wall Street Journal*

Illinois does have one thing going for it: cheap and reliable electricity.

The state would lose that too under an 800-page climate bill Democrats in Springfield are contriving to jam through the statehouse. “The proposed energy legislation being circulated will be the largest rate hike on consumers and businesses in history,” a coalition of business groups wrote to Democratic Gov. J.B. Pritzker last month.

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Historic drop in demand fuels record-high downtown office vacancy – Crain’s*

The downtown office vacancy rate rose to 19.4 percent during the three months ending June 30 amid a slew of moves from companies that recently went to other buildings and others that have shed space amid the COVID-19 pandemic, according to a report from real estate services firm CBRE. That’s the highest rate CBRE has tracked in 15 years of data collection.
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Editorial: ‘There’s no control in the city’ – Crain’s*

“The status quo cannot continue—and, considering the downward path we are on, it’s not even clear that the status quo is the worst possible scenario we face. We’re a nation that over time has been politically atomized, one faction set against the other, so perhaps it shouldn’t be surprising that our elected leaders are not much better than we are at figuring out what’s wrong and working together to fix it. But this is the job the mayor asked for and ran hard to win, and the credentials she brought to that campaign included her track record on the Police

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Up next on MSNBC: Lori Lightfoot (again) – Crain’s*

According to official records of the mayor’s schedule obtained via a Freedom of Information Act request, Chicago’s mayor in just over two years in office has given exclusive, one-on-one interviews to the national MSNBC network an eye-popping 40 times. That’s once every 2½ weeks—and nearly twice the 22 sit-down interviews the mayor has granted in the same period combined to Chicago’s two major daily newspapers, the Tribune and the Sun-Times.

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Market debates whether Illinois can capitalize on rating momentum – The Bond Buyer

Reaction has spanned the spectrum with market participants mostly saying it was deserved given the state?s fiscal progress and its COVID-19 pandemic recovery. Some said the upgrade was expected, a reason for the state’s narrowing spreads over the past few months. But they are quick to underline that’s the near-term view and chronic pension strains, past decisions that favored one-shots, an ongoing structural imbalance and out-migration weigh heavily on the state’s fiscal foundation.

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David Axelrod: When It Comes to People Like My Daughter, One Size Does Not Fit All – New York Times

“In Illinois, as in most states, jobs and services for adults with disabilities are woefully inadequate. We struggled to find programs and opportunities for the relationships that Lauren craved…. But 19 years ago, that all changed. Lauren moved to Misericordia, a remarkable community for people with intellectual disabilities near us on Chicago’s North Side.”

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Why Chicago Teachers’ Pension Fund invested in Africa – Pension’s Chief Investment Officer

Angela Miller-May, chief investment officer, Chicago Teachers’ Pension Fund: “Those visits to Africa were an experience…. We have the opportunity to boost investment and job creation in Africa while earning the returns that we need. Together, we control trillions of dollars. We can use that capital not only to benefit our stakeholders, but also to spur social and economic impact in emerging markets. We can do both. We can make money and do great things. We can do well, and we can do good.”

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Federal Lawsuits Say Antiracism and Critical Race Theory in Schools Violate Constitution – Wall Street Journal*

“The latest complaint comes from Stacy Deemar, a white teacher in a K-8 school district in Evanston and Skokie, IIl., just north of Chicago. She alleges that teachers and students are required to participate in racially segregated antiracist exercises and that teachers are required to teach material depicting white people as inherently racist oppressors.”

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Ald. Carrie Austin And Her Chief Of Staff Indicted, Accused Of Conspiring To Take Bribes From Contractors – Block Club Chicago

Ald. Carrie Austin (34th) and her chief of staff were indicted Thursday on charges of conspiring to take bribes from construction contractors seeking city assistance for development project. Austin is the third active alderman facing federal criminal charges. Alds. Patrick Daley Thompson and Ed Burke face charges in separate scandals

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Chicago Alderman Carrie Austin indicted on bribery charges – Crain’s*

Chicago Alderman Carrie Austin

A federal grand jury has indicted 34th Ward Ald. Carrie Austin, 72, and her chief of staff, Chester Wilson, on bribery charges. The U.S. attorney’s office says Austin conspired “to receive home improvements from construction contractors seeking city assistance” for a development project in her ward on the city’s far South Side. Austin faces four total counts, including lying to the FBI. Wilson faces similar bribery charges and one count of theft of government funds.

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Hey, Chicago landlords, you think your taxes are high? They are. – Crain’s*

A new study gives Aurora homeowners and Chicago commercial landlords an extra reason to gripe about property taxes. Homes in Aurora are taxed at the highest effective rate among 53 U.S. cities included in the “50-State Property Tax Comparison Study,” an annual report published by the Lincoln Institute of Land Policy and the Minnesota Center for Fiscal Excellence. Commercial properties in Chicago, meanwhile, are taxed at the second-highest rate after Detroit.

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Column: The new racism won’t solve the old racism – Pittsburgh Post-Gazette

NYT columnist Bret Stephen: “Thoughtful liberals who think this is much ado about nothing should spend some time pondering how perfectly people like Ms. Lightfoot are now playing into right-wing stereotypes. They should also spend time wondering whether the ideal for which they have long fought — a society that, if not colorblind, can at least see past color — is being jeopardized by progressives who apparently can see only color. Whichever way, it shouldn’t be hard to see that trying to solve the old racism with the new racism will produce only more racism. Justice is never achieved by

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Monthly Case Shiller Index: Chicago Area 7 Year Record Home Price Growth Doesn’t Cut It – ChicagoNow

S&P Dow Jones released the April CoreLogic Case-Shiller home price indices this morning showing that Chicago area single family home prices continue to soar. The 9.9% gain from last year is the highest appreciation in exactly 7 years and the 102nd consecutive month of annual gains.

Nationally, home prices increased at the fastest rate in the indexes record. The Chicago area is still in last place among the 20 metro areas tracked – the only metro stuck in the single digits.

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The Experiment Is Over: Labor Market Normalizing In Republican States, Remains Broken In Blue States – ZeroHedge

“Morgan Stanley recaps over the weekend, “some states chose to end these benefits early – in about 10 states in the US, these benefits expired on June 19.” So what did the bank find? That not only were Republican states right all along to end benefits early, but that the primary – and biggest – reason for the unprecedented shortage in workers has been Joe BIden’s catastrophic socialist policy of having the government match or even surpass what the private sector is paying….”

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Tapping Red States for Infrastructure – Wall Street Journal*

“The more we examine the bipartisan Senate infrastructure deal, the worse its details look. Consider its plan to pay for new spending in part with unemployment-benefit savings from GOP states that are recovering faster economically and ending the $300 federal bonus… Meanwhile, California, Illinois, New Jersey and New York mopped up 40% of benefit payments during the first quarter, according to the Bureau of Economic Analysis. The budget savings would be much greater if Democratic states ended their bonus, but they want to keep taking federal cash, even though it pays millions of Americans more not to work than to

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Proof that homebuyers aren’t avoiding the city – Crain’s*

In the first five months of 2021, home sales grew by more in the city than in the larger metropolitan area, according to Crain’s analysis of data released this morning by Illinois Realtors, a statewide business group. Another sign of the Chicago market’s strength is in data released today by the National Association of Realtors. Nationwide, home sales were down 0.9 percent in May from April, the fourth consecutive month of declines in nationwide sales. By contrast, Chicago metro-area sales were up 3.7 percent in May from April. In the city, sales were

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Small Businesses on One Chicago Street Struggle to Meet Demand as Covid-19 Restrictions End – Wall Street Journal*

Like small businesses across the country, most of the shops on Roscoe Street, a neighborhood shopping district on Chicago’s North Side, are eager to get back to normal after a year in which coronavirus restrictions held back foot traffic and limited in-person dining, shopping and services like haircuts. While business is coming back, small shops are now facing unexpected challenges, like shortages of workers, materials and capital that are preventing them from fully taking advantage of the state’s reopening earlier this month.

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The only voice not being heard in Springfield’s energy debate. It’s yours. – Crain’s*

“Here’s something you can bet on: If politicians reach a deal, your electric bill will rise. Any legislation that passes almost certainly will include costly new subsidies for nuclear reactors and additional surcharges for renewable power development. Those proposals and others on the table would cost Illinois residents and businesses nearly $3 billion in the next five years alone.”

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Gang life, not racism, is responsible for Chicago’s violence, alderman says – Yahoo News

Residents in one Chicago ward are “giving up” on calling the police as the city fails to protect them from violent crime, according to one city council member.

“Generational gang life isn’t just something that’s encouraged. It’s almost revered in some neighborhoods,” Lopez, whose constituents are about 67% Latino and 22% black, told the Washington Examiner in an interview. “If you really want to get to what is at the heart of a lot of this, it is gangs, and it is the borderline collapse of the family unit in

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She’s white. She’s 73. Chicago woman on a 40-day hunger strike for slavery reparations: ‘Am I willing to die for this?’ – Chicago Tribune*

Rachelle Zola during her hunger strike, June 14, 2021, outside Cosmopolitan United Church in Melrose Park. “This is phase one, and I’m not going away,” she said.

On May 16, she embarked on a hunger strike on behalf of one of the most ambitious and elusive goals of the U.S. racial justice movement: reparations — or making amends through payments or policy — to Black people for slavery. Bright-eyed and energetic during a recent interview, Rachelle Zola has made it to

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What comes after formula rates may be even more lucrative for ComEd – Crain’s*

The sprawling energy bill lawmakers are set to vote on this week is being marketed in part as recompense for Commonwealth Edison’s admitted bribery scheme aimed at winning Springfield favors over nearly a decade. But the cornerstone of that effort—ending the annual formula-rate mechanism that’s allowed ComEd to dramatically increase its delivery charges over the years—opens the door to a new rate-setting process that easily could be more lucrative for ComEd than the current one.

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Amendments to the Illinois Freedom to Work Act: Significant Changes Coming to Illinois Noncompete and Nonsolicitation Agreements – JD Supra

Recently, the Illinois legislature passed a bill to amend the Illinois Freedom to Work Act to expand the ban on noncompetes to a larger population of workers and provide certain rights to employees who are asked to sign noncompete and nonsolicitation agreements as a condition of employment. Pritzker is expected to sign that bill.

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Here’s an affordable housing solution developers actually like – Crain’s*

Residential developers grumbled when the City Council approved a tougher affordable housing ordinance in April. They’re happier with the Illinois General Assembly, which has just given them something they like: tax breaks. State lawmakers passed a sweeping housing bill with property tax incentives for developers that set aside some units in their projects for low- to moderate-income residents.

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Lake County chief judge: No one ‘made any requests’ for lawmakers to redraw the county’s judicial lines – Cook County Record

Beginning in about a year, under a surprise bill jammed through Illinois’ state legislature in the wee hours of the morning, just before the end of the recently closed legislative session, Lake County’s circuit court system will be redivided, with the addition of at least four new “subcircuits” and an unknown number of new judges to preside in them.

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Group can continue lawsuit vs IL Elections Board for restricting voter registration data, frustrating audit of IL voter records – Cook County Record

A conservative political organization has won a chance to proceed with part of its federal lawsuit accusing the Illinois State Board of Elections of violating federal law by limiting access to the state’s voter registration database, and restricting the group’s ability to audit the data for irregularities.

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Illinois lawmakers OK subsidy for Chicago convention center – The Bond Buyer

The Illinois General Assembly approved the MPEA’s expansion debt service appropriation for fiscal year 2022, the agency said.

In addition, the General Assembly has passed a $30 million appropriation for the authority’s corporate purposes for FY22.” the MPEA said. “Of this amount, $15 million can be used for the Authority’s incentive grant program for FY22, and the remaining $15 million can be used for the Authority’s general corporate purposes.”

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Liberals Choose Racial Catharsis Over Progress for Blacks – Wall Street Journal*

What happened in Tulsa 100 years ago matters far less than what’s happening in Chicago today…. The left’s focus on the past behavior of whites, while ignoring the present behavior of blacks, might offer some people catharsis, and it might help groups like the NAACP or Black Lives Matter stay relevant. But where is the evidence that such an approach facilitates black upward mobility?”

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With Delegitimized Government Looming, Honor This Memorial Day Differently – Wirepoints

They died to protect a democratic republic, essential elements of which are likewise simple – democratic rule bounded by certain unalienable rights.

Yet both of those elements are being unwound today. Should that continue, Americans will gradually come to see that the foundations of government legitimacy are gone. That looming threat should be our primary concern today, for if Americans conclude that their government no longer derives its powers justly – in the manner articulated by the Founders — then division, strife and violence far worse than we have seen in

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With Madigan gone, Democrats roll Republicans in Springfield to keep control, reward allies – Chicago Tribune*

Illinois Democrats are turning the spring session into a partisan tour de force, wielding their power to push legislation aimed at maintaining their control of Springfield, rewarding their allies and advancing social policies. With supermajorities in the House and Senate under two new Democratic leaders, the moves bring home to Illinois the hyperpartisan divides of Washington as both parties move further toward catering to their extremes.
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Chicago Public Schools going to the max with ‘culturally responsive teaching standards’ – Wirepoints Quickpoint

Suppose you wanted to draft the most comprehensive K-12 school policy you could for mandatory thought, speech and conduct that complies with Critical Race Theory or wokism, as it’s more often called. You probably couldn’t top the Chicago Public School district’s pending Culturally Responsive Education and Diversity Policy.

CPS is going for broke and exposing, once again, the huge lies by the Illinois State Board of Education when it claimed that its new statewide teaching standards aren’t about political indoctrination, classroom curriculum or teacher evaluation. It’s expressly about all of that and much more,

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Illinois’s Big Labor Bill of Rights – Wall Street Journal*

A famous Supreme Court quip is that the U.S. Constitution isn’t a suicide pact, but what about the Illinois constitution? After years of fiscal recklessness, the state’s credit ratings are a notch above junk. Yet the politicians in Springfield now want to add collective bargaining to the Illinois bill of rights, putting union power on the same footing as due process and religious freedom.

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UPDATED: Scope Of Pending Illinois Constitutional Amendment Goes Far Beyond Appearances. It’s A Monstrous Giveaway To Public Unions. – Wirepoints

Drafters of the proposal have made it deliberately and deceptively ambiguous and misleading, but also radically broad and open-ended. By creating a new constitutional right for themselves and their agenda they would be throwing a cluster bomb toward everything in their way. The amendment’s full impact may not be entirely certain but it would, for sure, clear a path to new, unimagined public union power.

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Racial agitation’s latest madness: Blacks vs. Native Americans at Cook County Board – Quickpoint

To see the latest deliberate extension of racial strife, check out the Chicago Sun-Times story on Stanley Moore of the Cook County Board of Commissioners.

Here are the key facts drawn from the article:

    • Moore, who is Black, wants the county to delay a committee vote to replace Columbus Day with Indigenous Peoples’ Day.
    • Why? Because he thinks Indians (Moore used the word so I will too) haven’t acknowledged their racist history, including their record as slaveholders of Blacks. And Moor says his great-great-grandfather was a Black Choctaw whose family were slaves to the
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More political indoctrination coming to Illinois classrooms as ‘media literacy’ mandate nears passage – Quickpoint

All Illinois high schools will be required to provide instruction in media literacy under House Bill 234. It passed the House and is poised for passage in the Senate.

The concept and most of the bill, which is reproduced below, seem harmless enough. But does anybody seriously expect the subject to be taught objectively?

Sen. Karina Villa (D-West Chicago) is the chief Senate sponsor. Young people are “vulnerable to persecution and misinformation,” she said, as reported by Capitol News Illinois. Sen. Terri Bryant (R-Murphysboro), in a Senate hearing, questioned how objective schools could be in

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Forgetting Justice Marshall – Wall Street Journal*

“The University of Illinois board of trustees last week entered a no-confidence vote against America’s greatest Supreme Court Chief Justice. Starting in July, the John Marshall Law School in Chicago will be known simply as the University of Illinois Chicago School of Law…. Some progressives want to throw that out the window, and instead intimidate the Court into their desired policy outcomes. Maybe that’s the real reason they want us to forget Chief Justice John Marshall.”

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“Governing as Looting” in Washington and Beyond – AIER

Automatic ticket regimes have turbocharged many politicians’ lifestyles. Bribery scandals have enveloped automated ticketing regimes in Texas, Arizona, Ohio, Illinois, and elsewhere. The former top salesman for Redflex, one of the largest providers of red light cameras, testified that his company had “sent gifts and bribes to officials in at least 14 states.” (Redflex denied the allegation.) Last year, Illinois Comptroller Susana Mendoza condemned red light ticket regimes as “a program that’s broken and morally corrupt” and recommended ending them across the state.

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John Marshall Law is No More – Faculty Lounge

The task force report noted, “that despite Chief Justice Marshall’s legacy as one of the nation’s most significant U.S. Supreme Court justices, the newly discovered research regarding his role as a slave trader, slave owner of hundreds of slaves, pro-slavery jurisprudence, and racist views render him a highly inappropriate namesake for the Law School.”

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Big solar-powered data center planned at ex-Motorola plant – Crain’s*

After sitting empty for 18 years, a huge former Motorola factory in Harvard could become something that doesn’t exist in Illinois today: a big digital hub and warehouse fueled by the sun. A Canadian venture has agreed to buy the 325-acre campus in the McHenry County town, with plans to convert it into a solar-powered data center.

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How Can They Think They Are Allowed to Do That? – National Review

“Why does the mayor of Chicago think that it’s all right for her to announce that she won’t talk with journalists who are the wrong skin color? Well, I’m afraid that one of the many bad results of the Supreme Court’s penchant in the past for carving out exceptions to the laws against racial discrimination has been that — no matter how much the Court thinks it has qualified and limited those exceptions — it is assumed by most people that they are much broader than they are.”

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Dems drop a new map of Senate and House districts—just in time for the weekend – Crain’s*

In a classic off-hours news dump, Illinois legislative Democrats late Friday released their proposal as to how to reapportion state Senate and House districts for the first time in a decade.

Though Republicans instantly howled, the Democrats gave every indication of enacting the map as soon as next week, scheduling a series of formal hearings next Tuesday and Wednesday, May 25 and 26.

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Illinois lawmakers are advancing a constitutional amendment to enshrine expanded union power with new rights. – Quickpoint

I truly don’t get this, as a matter of politics and policy.

As reported by Center Square, both the Illinois Senate and House are advancing resolutions that would put a constitutional amendment in front of voters to lock in union power. The amendment, if passed by three-fifths votes in each chamber and approved by voters, would prohibit municipalities and the state from ever taking any measure that would impair the ability of workers to collectively bargain over wages, hours, terms and conditions.

In other words, it would constitutionally ban any attempt to reform collective bargaining rules for

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The latest ridiculous threat from Springfield to raise taxes – Quickpoint

Remember when Gov. JB Pritzker warned of drastic tax increases or spending cuts if his proposed “fair tax” increase were to be defeated last November? And Lt. Gov. Juliana Stratton said that all residents of the state could see an income tax hike of at least 20% if the fair tax went down?

Well, the tax went down in flames. And yet none of what they warned about happened.

Now lawmakers are at it again. Illinois House Majority Leader Greg Harris (D-Chicago) said Thursday, “If we do have to cut $1.3 billion. I

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Location matters: Huge, new study by Tax Foundation and KPMG on state tax costs of doing business – Quickpoint

The Tax Foundation this month published what it calls a “landmark comparison” of corporate tax costs in all 50 states. It’s certainly the most comprehensive study of its kind and was done in collaboration with KPMG, the accounting, tax and advisory firm. The full study is here and includes lots of interactive tools and comparisons.

The study calculates and analyzes the tax burdens of eight model firms: a corporate headquarters, a research and development facility, a technology center, a data center, a shared services center, a distribution center, a capital-intensive manufacturer, and a labor-intensive manufacturer. Each firm

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Byron Allen sues McDonald’s for $10 billion alleging racial discrimination – Yahoo

“This is about economic inclusion of African American-owned businesses in the U.S. economy,” said Allen, Founder/Chairman/CEO of Allen Media Group. “McDonald’s takes billions from African American consumers and gives almost nothing back. The biggest trade deficit in America is the trade deficit between White corporate America and Black America, and McDonald’s is guilty of perpetuating this disparity. The economic exclusion must stop immediately.”

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Teacher Unions and Their Alternative Facts – Chalkboard Review

And as convenient as it may be for Randi and her locals, including the Chicago Teachers Union (CTU), to forget their role in this response, it’s worth revisiting here. When school districts tried to reopen last fall, the unions met them with a display that could have been mistaken for farce. In Washington DC, the union filled body bags and dumped them in front of district headquarters. In Chicago, the CTU threatened to strike, made their members sit outside during winter in Chicago to continue remote learning instead of walking into half-empty buildings, made an interpretive dance video, and suggested

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Are jobless benefits keeping Illinois workers at home? Pritzker’s answer is ridiculous. – Wirepoints Quickpoint

As reported by the Chicago Sun-Times Monday, Gov. JB Pritzker intends to keep expanded unemployment benefits, unlike 18 states that have curtailed them to get people back to work.

Pritzker made only two points, according the the article.

First, “There are people who are afraid to go back to work … and those are legitimate reasons people might want to remain on unemployment,” Pritzker said. “I don’t want to pull the rug out from under people who have certainly legitimate reasons for needing unemployment.”

Does he think the vaccine is effective and safe or not? He claims

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ComEd CEO: Our work is necessary – Crain’s*

“In his recent column, Joe Cahill asserts that the Consumer & Climate First Act that has been introduced in Springfield is not good for consumers because it doesn’t require ComEd to compensate them as a result of its past conduct. What that bill and others do is require an audit of ComEd’s past work on the power grid, the idea being that we should first evaluate the work before we claim it was bad.”

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These two headlines display the madness of federal cash handouts – Wirepoints Quickpoint

This headline and link are from a national source 12 months ago:

California faces a staggering $54 billion budget deficit due to economic devastation from coronavirus

This one is from last week:

California scores staggering $75B budget surplus

What changed? A torrent cash from the federal government and the Federal Reserve Bank, which are now joined at the hip. We wrote about it here as have many others. Staggering, indeed. Staggering madness. You will pay for it either through taxes or inflation.

-Mark Glennon

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Chuy Garcia’s job plan – Politico

Rep. Chuy Garcia, now in his second term in Congress, will introduce legislation today to create job opportunities for young people from historically disadvantaged communities like the ones he represents in Chicago.

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Covid death rates for the vaccinated and for children have been microscopically low. Here are the simple numbers – Quickpoint

With vaccines now available to everybody in America age 17 and over, two numbers may be of most interest: How many vaccinated people have died from the virus and how many of those under age 17 have died.

You probably will be surprised at how extraordinarily low both numbers are:

-Of the 115 million Americans fully vaccinated, 223 have subsequently died.

-Of the 73 million Americans under age 17, 287 deaths have been COVID-related.

Think about that in terms of probability:

-The chances of dying even if you were vaccinated to date have been .0002%. That’s two ten-thousandths of one

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Should the State of Illinois get a credit rating upgrade? – Quickpoint

Illinois Treasurer Susana Mendoza recently wrote to the credit rating agencies asking for an upgrade, as reported this week. Primarily, she cited progress in reducing the state’s bill backlog, which is now down to about $4 billion, a number that probably can be considered pretty close to normal.

It doesn’t hurt to ask. Maybe the credit raters will agree; they have their own standards and I can’t speculate on their response.

But for ordinary Illinoisans, here’s the real question: Has the state really done anything to fix its structural deficit problems?

Well, the state

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Is McDonald’s the right platform for sending COVID warnings? – Quickpoint

McDonald’s is using its packaging to promote COVID-19 vaccination. Gov. JB Pritzker tweeted this yesterday:

Obesity is a huge and under-reported part of the COVID story. Seventy-eight percent of patients hospitalized for COVID have been overweight or obese. In countries where less than half of the adult population is classified as overweight, the risk for death from COVID-19 was about a 10th of the levels in countries with higher shares of overweight adults.

Interestingly, obesity may even increase the risk of getting infected in

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After passing the Illinois Senate, bill addressing ‘hair discrimination’ appears to be dead – Quickpoint

The Illinois Senate passed a widely reported bill to ban hair discrimination in Illinois schools after spending plenty of time on it – two hearings in its Education Committee on different versions.

But on Wednesday, when the measure arrived in the House, it was quickly assigned to the Rules Committee, which usually means a bill is dead for the time being.

Maybe somebody in the House had the sense to see Illinoisans would prefer that their lawmakers spend their time on other problems. The bill had started to catch national attention. An article on it in People

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Chicago and Illinois to push back on Treasury’s aid guidance – The Bond Buyer

Chicago and Illinois will make their case with the Treasury Department to alter American Rescue Plan guidance that in its current form would scuttle plans to repay COVID-19 related borrowing with the aid.

The Treasury’s eagerly awaited guidance lays out in 151 pages how local and state and tribal governments can use their share of the $350 billion of ARP funds.

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Northwestern economist proposes “reemployment bonus” plan to get people off of unemployment – Hot Air

“Is this really where we’re going to land in dealing with the situation? A problem was created when the federal government rushed to give away a bunch of “free money” without putting any caps on the benefit to prevent it from exceeding what workers were making before Uncle Sam shut down their employers’ businesses. So now we’re going to address the problem by… giving away more free money? You’re telling me we’ve reached the point where we will literally have to bribe people to go back to work.”

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Classroom Chaos in the Name of Racial Equity Is a Bad Lesson Plan – Wall Street Journal*

Going easy on bad behavior makes life difficult for those students who are in school to get an education.
Schools were pressured to discipline students, or not, based on race rather than behavior, and many administrators and teachers obliged.

In New York, Los Angeles and Chicago—the nation’s three largest school systems—reductions in suspensions and expulsions were followed by an uptick in bullying and other disruptive behavior. Students and teachers alike have reported feeling less safe. Fighting, gang activity and drug use have increased.

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Cities grapple with stemming pension tide – JournalCourier

Representatives of the independent fiscal policy group Wirepoints gather with lawmakers to discuss the release of its analysis of municipal pension funding. The report,

“Illinois’ state-level pension crisis gets all the attention, but there’s another crisis brewing right in people’s backyards,” said Ted Dabrowski, president of Wirepoints, a fiscal policy group based in Chicago.

The group is independent, but has advocated for changes to Illinois’ pension system — pushing for a move for new employees to a 401(k)-style system that would suspend cost-of-living increases until pensions are fully funded. It

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Closing the Pits – Points & Figures

“Some of the smartest people I ever saw were in trading pits. They might have had a college education, and they might not have. There weren’t a lot of Ivy-educated or elite school-educated people on the floor. Not too many MBA’s either…. Most of us didn’t respect people from that part of the world, and they didn’t respect us either.”

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Will Illinois cave to teachers’ unions again by chopping even the low-income K-12 scholarship program? – Quickpoint

Gov. JB Pritzker has proposed cutting the current 75% tax credit to 40% for the Invest in Kids Scholarship Tax Credit Program. It’s for low-income families who send their kids to private K-12 schools.

It’s the only thing close to school choice that Illinois has, which is why teachers’ unions despise it. There seems to be no opposition to the program from anybody except teachers’ unions and officeholders who answer to them.

Illinois schools are already getting a $5 billion grant this year from the federal government under the new American Rescue Plan, and Pritzker <a href="https://chicago.chalkbeat.org/2021/5/6/22423715/gov-pritzker-reverses-course-on-flat-illinois-school-budget-with-pledge-for-350m"

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What’s the science in Illinois’ upcoming ‘bridge’ capacity limitations? – Quickpoint

Illinois is currently in Phase 4 of its reopening plan. It is preparing to enter the “Bridge Phase” this week, which are in the right column on the state’s chart below.

What sense does this make when the vaccine is now readily available to everyone over the age of 16 and those who impose this rule say the vaccine is safe and effective? That leaves only those under 16, but as of May 5, just 282 deaths involving COVID have been recorded in the U.S. since the pandemic began for those age 0 to

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A behind-the-scenes battle for woke control over Northwestern Law School is reportedly raging – Quickpoint

According to a Friday article in Instapundit, Northwestern University is trying to impose a “critical-studies woke dean” on the law school, and the faculty is fighting back.

The nominee for dean is Hari M. Osofsky, apparently submitted by the university’s provost. A hastily scheduled meeting and vote by the law school faculty is set for Monday, the Instapundit article indicates. The abbreviated process seems to be as much of an issue as Osofsky, about whom I

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How can media like the Sun-Times that support a total ban on an ex-president expect to be taken seriously? – Quickpoint

“Donald Trump should be banned from any form of social media other than scrawling on bathroom walls. And even then he should be made to wash it off when he gets caught,” said the Chicago Sun-Times in an editorial last week.

They apparently think a permanent ban should be a sure thing. “As long as the former president lies about everything, Facebook may continue to ban him,” they wrote. “And he will always lie about everything.” The Sun-Times is not alone. CNN, for example, published at least two opinion pieces calling for a permanent social media

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Proposal to drop entrance exam requirements at public universities advances in Illinois legislature – Chicago Tribune*

Big changes could be coming to admissions at public universities in Illinois after two expansive bills cleared the state Senate Higher Education Committee in recent days. The two pieces of legislation aim to make a degree more accessible: The first would allow residents to apply to any of the state’s 12 public universities without submitting SAT or ACT scores, while the other would guarantee well-performing community college students a spot at the University of Illinois.
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Merit, Schmerit: Pending Illinois law will change ‘affirmative action’ to ‘positive action’ and cover, well, everything! – Wirepoints

How about we expand preferences in hiring and promotion to base them on any characteristic whatsoever that might disadvantage somebody, regardless of whether the characteristic is inherited or self-inflicted? That’s in a bill moving full steam ahead in Springfield and it’s a doozy. It’s House Bill 3914, the Positive Action Act. It already passed the Illinois House and is moving in the Senate.

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Wonky but critical issue on phony government budgets gets a hearing – Quickpoint

We’ve written for years about why government budgets and claims of “balanced budgets” are fraudulent. The problem is that budgets count borrowed money and asset sales as if they are income, and ignore growing debts like pension liabilities.

Testimony has been taken recently on this issue by the Governmental Accounting Standards Board, which is finally focused on it. Lots of Illinoisans and big names testified to the same criticisms we have.

Video is linked here. You can view the individual testimony at the time links here– 0:00​ Sheila Weinberg, 34:45​ Bill

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Some good news for Chicago – Quickpoint

Two bits of good news, for a change.

Mayor Lori Lightfoot told the city’s bond investors today that she wants to “force a solution” to Chicago’s pension crisis, which she said is the city’s biggest problem and is “unsustainable.” “Springfield can’t keep doing things to us….[This is] a classic unfunded mandate, she said.” Details are in stories by the Sun-Times and Crain’s.

Yes! Forcing a solution is long overdue, and the buck stops in Springfield. Let’s hope she is serious and that the can-kicking ends. If she really wants change, she should be leading

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Ironically, it’s only the ‘anti-vaxxers’ the government is protecting now – Quickpoint

Assume, for purposes here, that the prevailing orthodoxy is right – that COVID vaccines are highly effective and safe. Who, then, is being protected by masking and other remaining restrictions? Adults who choose not to be vaccinated.

The vaccine is now readily available to everyone over the age of 16. That leaves only those under 16, but you may be shocked by how low the risk of COVID is to them. As of May 5, just 282 deaths involving COVID have been recorded in the U.S. since the pandemic began for those age 0 to 17. With

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CEOs rank Illinois among worst states to do business – Crain’s*

Chief executive officers from across the country have once again ranked Illinois as one of the worst states to do business. For the eleventh year in a row, Illinois placed 48th in the 17th annual Best and Worst States for Business survey from the Chief Executive Group. The Connecticut-based business media company surveyed 383 CEOS from companies with annual revenues between $50 million and over $1 billion.

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Inside the brain drain at City Hall – Crain’s*

Mayor Lori Lightfoot has lost key players in the police reform arena as she grapples with fallout from multiple CPD controversies, blown consent decree deadlines and simmering debate in the City Council over civilian oversight of the police.

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The Blue State Gerrymander Walk-Back – Wall Street Journal

“Illinois Gov. J.B. Pritzker campaigned in 2018 against partisan gerrymandering, saying he would ‘pledge to veto’ any 2022 map drawn by the state Legislature…. Gov. Pritzker now says he’ll be satisfied with a map drawn by his legislative allies. In a recent press conference he walked back his veto pledge and scored Republicans for

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The tyranny of the reasonable – American Thinker

“People like [Adam] Kinzinger delivering their message do not seem like radicals or extremists. They seem reasonable. Kinzinger has learned this tactic and executed this persona with perfection, yet his allegiances are anything but reasonable.”

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Critical Race Theory Is About to Face Its Day(s) in Court – RealClear Investigations

A 2019 complaint filed by an Illinois public school teacher led to a finding that as part of a year-long course on equity and diversity, seventh- and eighth-graders participated in a white privilege awareness exercise that required them to remain “in silence” and with “eyes lowered” as they responded to a facilitator’s prompts. About a dozen lawsuits and administrative complaints have been filed since 2018, with another wave planned this summer by conservative public interest law firms and private attorneys. The common thread of these legal challenges is the inescapable logic that making accommodations for critical race theory will erode

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Insurance bosses win, Illinoisans lose. Lawmakers should change that. – Crain’s*

The top executives at Blue Cross of Illinois’ parent company got big raises last year, as health insurance corporations emerged largely unscathed from the economic fallout of the pandemic. Adding insult to injury, insurers are overpricing premiums in the individual market, so much so that they had to return money—$2.1 billion—under the rules of the Affordable Care Act.

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Why are so Many Workers Moving Across State Lines? – Route Fifty

“We find households are moving away relatively more from areas with greater remote work jobs, more stringent pandemic-related restrictions, and areas with higher rent-levels during the pandemic compared to normal times,” they wrote. “Households are moving to areas with fewer cases, less restrictions, lower density, and lower rent relatively more.” States with the highest numbers of residents leaving included California, Washington, Illinois, New York, New Jersey, Colorado and Arizona.

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Editorial: Kill a bill that would block reformers from lowering your property taxes – Chicago Sun-Times*

An ill-advised amendment tacked onto a shell bill passed out of committee on Wednesday in the Illinois House. It would bar anyone from becoming a Cook County Board of Review commissioner who is not a licensed attorney. That would weed out a lot of good government types. It also would weed out many experts in real estate and appraisals, whom you would think would be ideal candidates to sit on a board that hears appeals of property assessments set by the county assessor.

And who happen to be licensed attorneys? Why, the three incumbents on the board, all of whom

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Editorial: How Chicago’s leaders are failing on the epidemic of violent crime – Chicago Tribune

“Not only did one of [Kim Foxx’s] assistants make a terrible, consequential mistake in court alleging Toledo was armed at the moment he was shot, Foxx also admitted she didn’t watch the video evidence herself before her prosecutor went to court in one of the first appearances linked to the Toledo case — a court appearance involving the person Toledo allegedly was with that night.”

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Illinois Democrats Ignore Obama on Gerrymandering – Opinion – Wall Street Journal*

Dan McConchie (R-Lake Zurich), minority leader of the Illinois Senate: He called for nonpartisan mapmaking. Five years later, Illinois Democrats seem to have forgotten Mr. Obama’s admonition. With majorities in both houses of the General Assembly, they are preparing to ram through a new partisan state legislative map. More brazenly, they plan to do it without even consulting the most accurate data set that every unit of government traditionally uses when drawing such maps—the decennial census.

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Read The Woke Propaganda These Government Schools Emailed Staff And Students After The Chauvin Conviction – The Federalist

Naperville Community Unit School District 203 Superintendent Dan Bridge: “The deaths of George Floyd and others and the recent verdict require us to be responsive to the emotional well-being of students and staff. Emotional responses from students could manifest in different ways. As educators, we are uniquely positioned to serve as allies and advocates. A trauma-sensitive school environment can benefit all students.”

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Mayors to Pritzker: Don’t cut our take of income tax again – Crain’s*

Hoping to flex a little Springfield muscle, mayors representing hundreds of municipalities in metropolitan Chicago today launched a campaign to get lawmakers to stop dipping into the share of state income tax receipts meant for cities and villages, with hundreds of millions of dollars a year at stake.There are distinctly mixed signs as to how the mayors will fare, with Gov. J.B. Pritzker’s office standing by its view that if municipalities want help, they ought to get behind his plan to close $900 million in “corporate tax loopholes.”

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Eric Zorn: Mayor Lori Lightfoot’s idea of an ‘elected school board’ in Chicago is no such thing. Thankfully. – Chicago Tribune*

Lightfoot earlier supported an all-elected board. But she “has since come to her senses — as I see it — and changed camps, evidently realizing that subjecting the administration of public schools to the grubby shake-and-howdy of big-city politics is not the best way to go. Though it allows a mayor to wash her hands of bad student outcomes and toxic labor negotiations, it opens the door to ideological proxy battles waged by high-dollar donors from all over the country.”

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Pritzker goes from ‘soak the rich’ to ‘save the rich’ in just 6 months – Opinion – Crain’s*

Pritzker hopes that by undoing the SALT cap he will reduce wealthy Illinoisans’ opposition to higher state taxes and maybe even gain some supporters ahead of next year’s election. But in Illinois, where tax dollars flow to a bottomless pension pit, Pritzker’s focus should be on policy. Growing jobs for middle– and low-income residents should be the priority—not politics.

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Op-Ed by Pritzker, Harmon and Welch: Here’s what’s on our agenda as the General Assembly gets back to work – Crain’s*

“After we worked together to achieve a balanced budget in 2019, our state, like all the others, was hit last year by an unprecedented global pandemic that has threatened the health and safety of Illinoisans and strained our state coffers. COVID-19 temporarily interrupted the progress we were making to undo the damage left behind by Gov. Bruce Rauner, who saddled state residents with massive additional deficit spending and caused the state to suffer eight credit rating downgrades in just four years.”

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Editorial: Illinois Democrats vs. Chicago – Wall Street Journal*

Pritzker shows Mayor Lightfoot that public unions are his priority—school reopening, not so much. The union would rather not reopen at all this school year. And thanks to legislation signed by Gov. J.B. Pritzker, the district can’t require it. The statute repeals part of an Illinois law that had restricted the teachers’ right to strike over subjects other than wages and benefits.

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One factor in rising gun sales in Chicago? Cash from coronavirus relief checks – Chicago Sun-Times*

Trillions of dollars of federal COVID-19 relief checks have been sent out across the country to help people buy food and pay rent. In Chicago, they’re also helping to fuel gun sales — legally and illegally. Law enforcement officials say they’re been building cases against people who have used their pandemic-relief checks to buy guns and illegally resell them on the street.Law-abiding people are buying guns with their relief checks, too.

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Homeowners are facing the biggest property-tax hikes in 4 years — here’s where they pay the most – MarketWatch

The states where property-tax rates are the highest didn’t change, despite the overall increase in property taxes nationwide. New Jersey had the highest effective property-tax rate at 2.2%, followed by Illinois (2.18%), Texas (2.15%), Vermont (1.97%) and Connecticut (1.92%). Hawaii had the lowest rate in the country at 0.37%, followed by Alabama at 0.44%.

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Op-Ed: Here are proven alternatives to the mayor’s proposed affordable housing ordinance – Crain’s*

Like the pilot program, the proposed ordinance yet again increases the percentage of affordable units required while offering no economic offset in return. This approach will further stifle new development and, therefore, work against the goals of the city and local developers. It also leads to fewer construction-related jobs, not to mention lost real estate tax revenue.

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GASB critics want more transparency for public pensions and other retirement benefits – The Bond Buyer

What?s at stake is whether the public is being misled by when a governmental general fund is listed in financial statements as balanced while omitting those long-term debts.

“I implore GASB to stop this confusion and bewilderment,” wrote Sheila Weinberg, founder & CEO of Truth in Accounting in a comment letter. “Our representative form of government is being harmed.”

Illinois is among the states that critics say have downplayed their tens of billions of dollars of unfunded long-term debts and should be forced by new GASB rules to become more transparent.

 

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George Will: Congress dragoons the states

The essence of progressivism’s agenda is to create a government-centered society by increasing government’s control of society’s resources, then distributing those resources in ways that increase the dependency of individuals and social groups on government.

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Red Line ‘L’ extension? New Lake Shore Drive? Biden’s jobs plan has Illinois and Chicago officials pushing infrastructure wish lists. – Chicago Tribune*

A $2.3 billion extension of Chicago’s Red Line south to 130th Street. More than 600,000 new water lines across Illinois. A $3 billion total remake of North Lake Shore Drive.These are among the scores of projects Illinois state, local and federal officials are pursuing anew as President Joe Biden pushes his $2 trillion American Jobs Plan to shore up and transform the nation’s infrastructure.

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Unpaid Cook County property taxes reveal depth of landlords’ pandemic pain – Crain’s*

Landlords have yet to pay about 6 percent of commercial property taxes that were originally due last August, with late fees waived through Oct. 1. And with those payments still owed, another $1.1 billion is outstanding for 2020 property tax bills that were due in early March—more than one-third of the total amount billed—though property owners can still pay those without penalty before May 3.

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This little-known Illinois Covid reopening rule could be a boon — or a logistical nightmare – Crain’s*

Fully vaccinated or recently tested patrons would not count toward restaurant, bar and gym capacity caps. But how to implement that? “I am in no position to look at somebody’s medical records in order to give them meatballs.”​​​​​​​ Comment: This is about a de facto vaccination mandate which, as we wrote here, should be scrapped entirely.

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Chicago Area Landlord: ‘I Am Drained Emotionally’ – WBEZ

Derrick Rowe with text illustration

A landlord subject to the tenant eviction moratorium: “I had to get the boiler repaired to provide adequate heat. At one point, one of my tenants put something down the toilet, requiring plumbing repairs. And there was no moratorium on my mortgage payments, the utilities, insurance, the property taxes. I’ve had to sell off three of my six properties, exhaust my accounts, cash in my IRA and borrow against my retirement.”

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Opinion: Democrats trap Illinoisans in tax hell – Herald & Review

Don Tracy, Illinois Republican Party Chairman: “Senator Duckworth and every other congressional Illinois Democrat voted for a provision of the COVID relief bill that explicitly prohibits states who receive money from cutting taxes through 2024. The Wall Street Journal reported that ‘the language is so expansive that states could be limited from making any changes to their tax codes that reduce revenue even if they don’t use federal funds as direct offsets.'”

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Democrats make low-tax states an offer they should refuse – The Hill

For starters, the President Biden-approved American Rescue Plan rewards Democratic-controlled states like New York, California and Illinois for their draconian COVID policies that resulted in the nation’s highest levels of unemployment.

Perhaps the most troubling is a legislative rider barring states that accept the aid from using the funds to cut taxes. But even if the “no tax cuts” condition passes constitutional muster, its naked attempt to impose tax homogeneity across the country shocks the conscience.

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The Pension Bailouts Begin – Wall Street Journal*

Congress spends $86 billion to rescue private sector multi-employer retirement funds with no demands for reform. The Congressional Budget Office projects this pension rescue will cost a cool $86 billion, but that’s merely the start. The 430 or so at-risk plans have some $300 billion in unfunded liabilities. Government unions in Illinois, New Jersey and Connecticut are also sure to cite the precedent to demand that their employee pensions be bailed out too.

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Chicago’s largest pension fund presses city to contribute more, and sooner – The Bond Buyer

The frail condition of Chicago?s largest pension fund and the flawed funding mechanisms that are to blame took center stage last week in a debate over state legislation that would hike city contributions by $800 million.

The Municipal Employees? Annuity and Benefit Fund-backed legislation would raise the level of required contributions above the schedule in the existing ramp up to an actuarially based contribution scheduled for 2023.

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What Happens When a Slogan Becomes the Curriculum – The Atlantic

Photo illustration of a student waving a Black Lives Matter banner in a classroon

In Evanston, parents are asked to quiz their kids on whiteness and give them approachable examples of “how whiteness shows up in school or in the community.” A curriculum inspired by the Black Lives Matter movement is spreading, raising questions about the line between education and indoctrination.

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4 more Chicago zip codes can schedule vaccine appointments at United Center, officials say – WGNTV (Chicago)

Comment: Reasonable opinions may vary on exactly how vaccinations should be prioritized, but doing it by zip code is flat out stupid, and it’s costing lives. Residents in these zip codes who are young and healthy, or already immune through prior infection, face no meaningful risk, and they are taking the vaccine. Meanwhile, many of the elderly and those with known comorbidities, who face real risk, continue to be denied vaccination by an impossibly frustrating registration system.

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Gauging the State of Local Government at CityLab 2021 – Government Tech.

“Perhaps the world’s preeminent annual gathering of local government experts and officials — wrapped up Wednesday online, with one of the most consistent topics of discussion being the importance of equitable recovery from the pandemic.” [Emphasis added.]

Chicago Mayor Lori Lightfoot, speaking on a panel entitled How Cities Can Build More Inclusive Economies, talked about the importance of lessons learned during the crisis.

“One of the big headlines coming out of the pandemic is that the things that we thought were impossible before are actually possible,” Lightfoot said. “Really, [they’re] absolutely necessary … one thing that the

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Opinion: State Sen. Sara Feigenholtz: Illinois needs a plan to bring back conventions now – Crain’s

“Governor J.B. Pritzker deserves high marks for his management of the pandemic, considering the abysmal lack of leadership and inadequate support from Washington. But now we are at the one-year mark. Vaccinations for all adults are promised by May. In any case, the light at the end of the tunnel is visible, making it critical to unveil a plan to bring back conventions now.”

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Opinion: CDC misinterpreted our research on opening schools. It should loosen the rules now. – USA Today

Researchers: “Like in so many states, California and Illinois schools are being hamstrung by the CDC guidance. The guidance does not take into account the data we have regarding little disease transmission in schools. Nor, although the guidance cites the work performed across Wisconsin districts performed by our group and published in the MMWR, does it take that data and new analyses from that dataset into account. Keeping schools closed or even partially closed, based on what we know now is unwarranted, is harming children, and has become a human rights issue.”

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The story behind the United Center’s rocky vaccine rollout – Crain’s

The site—selected to help reach Chicago’s most vulnerable residents—was first beset by overwhelming demand on its appointment website and call center. Then federal officials changed who’s eligible to get shots.
Officials say the feds stepped in when it became clear that the vast majority of appointments were being made for people outside the city—even though the site was touted at its unveiling last month as available to anyone in Illinois. Then, county and state—officials decided to limit appointments to Chicagoans only.”FEMA has
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US Dept. of Education curbs decision stemming out of Evanston schools on race-based ‘affinity groups’ – NY Post

The US Department of Education suspended an earlier decision that found racial “affinity groups” discriminated against students and staff. Earlier, DOE findings said the Evanston-Skokie School District violated civil rights. In a “letter of finding” — drafted by federal DOE Office of Civil Rights enforcement director Carol Ashley — was triggered by a complaint filed by a former NYC arts teacher who now works in the Evanston-Skokie school district.

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COVID-19 vaccines given to hundreds of University of Illinois employees who weren’t yet eligible, including coaches and instructors – Chicago Tribune*

County health officials who oversee the University of Illinois at Urbana-Champaign say they misunderstood state guidelines for vaccinating higher education employees and erroneously allowed hundreds of people who weren’t yet eligible — including coaches in the basketball program — to sign up for COVID-19 inoculations in early February.

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Amanda Kass: The Myth of ‘Unnecessary’ Federal Aid to State and Local Governments – Governing

“Critics of President Biden’s plan to allocate $350 billion in federal aid to state and local governments have argued that this money is largely unnecessary due to the recovering economy as well as unspent millions “under the couch cushions.” Yet the notion that subnational governments don’t need additional support is a myth, premised on a highly selective interpretation of the data and a refusal to acknowledge the hollowing out of state and local government capacity over the last few decades, particularly in the areas of public health and education.”

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Virus Did Not Bring Financial Rout That Many States Feared – New York Times

Washington sent supplements of $600 a week. Since the pandemic ravaged low-wage sectors like retail sales and restaurants, adding $600 a week to the lowest unemployment benefits pushed many recipients’ purchasing power above what they had while working.

In Illinois, for example, per capita personal income actually rose as the pandemic kicked in. It climbed to $66,224 in the second quarter, from $59,896 in the first, according to the state’s Office of Management and Budget.

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Editorial: Illinois is its own worst enemy – Crain’s*

“The state has little hope of leveraging—or even retaining—all of its inherent strengths if we continue to undermine ourselves with tax and public pension policies that drive away business investment…. [Crain’s Joe Cahill] is right to argue that the next step Welch and Gov. J.B. Pritzker should take is to allow Illinoisans to vote on a standalone amendment repealing the so-called pension protection clause in the Illinois Constitution.”

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When ‘closing corporate loopholes’ goes wrong – Crain’s

Greg Hinz: “If you don’t believe jacking up taxes on Illinois companies will drive away business, ask the people whose job it is to help companies pick locations…. Outside experts I talked to pretty much said the same thing. Pritzker’s proposal, taken in the wake of the defeat of his vaunted graduated income-tax amendment last November, is just one more straw on the back of an already staggering camel.

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Illinois’ Latest Use Of Taxpayer Money As Political Club – Wirepoints

Illinois Treasurer Michael Frerichs and a group of 29 other state financial officials recently sent letters to six of the nation’s largest private sector money managers in a transparently partisan attempt to bully them out of supporting Republicans.

The effort is a misuse of the power that adheres to managing billions of dollars of taxpayer money and a sets a dangerous precedent.

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No Speech Coddling in Chicago – Wall Street Journal*

Most college administrators are no doubt exhausted by constant student demands that range from the type of cereal served in the dining hall to the latest intersectional fad. So those running the University of Chicago must be pleasantly surprised by the arrival of Chicago Thinker on their campus this school year. It’s an online journal by conservative and libertarian students who

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When it comes to pensions, we have crises of leadership on more than one front – Crain’s*

Despite that staggering cost, Illinois is farther behind than ever, with total unfunded liability in the state’s pension funds of $141 billion, up $3.8 billion, or 2.8 percent, since last year. The reason why is that the state still isn’t contributing what is actuarially required just to tread water. In fact, it continues to sweeten some benefits, that on top of the 3 percent compounded cost of living hike that most workers get annually.

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An Exceptionally Sad Day For Illinois – Wirepoints

Despair, as best as we can tell, is the emotion growing most rapidly in Illinois, and yesterday, February 17, was particularly dispiriting. We hope, however, that conviction, courage and resiliency remain dominant and prevail against a government so estranged from so many of its own people.

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Illinois’ public corruption most hurts its low-income residents – Opinion – Crain’s*

Regression analysis reveals that if Illinois had the same level of corruption per capita as the national average during that same period, the state’s poverty rate would have been lower by roughly 0.7 percentage points—that’s nearly 88,000 fewer Illinoisans living under the Census Bureau’s poverty line. The poorest Illinoisans tend to be younger, Black, unmarried with young children and less likely to have a college degree.

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Editorial: Illinois’ resilient (so far) economy – Champaign News-Gazette*

The fact that Illinois’ economy seems to have done reasonably well during COVID-19 isn’t the same as saying the state government is doing well. It isn’t, the experts note, with the same huge structural deficit and billions in outstanding bills that existed before COVID-19. It will take much more than federal stimulus and a resilient economy to fix that long-term mess.

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The Teachers Unions Roll Over Biden – Wall Street Journal*

Mr. Biden is discovering what America’s parents have learned in the last year: Unions run the schools. Take Chicago, where elementary and middle schools were supposed to reopen in March. But teachers, who will be prioritized for vaccines, won’t have to return to classrooms if they have

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Data shows true ‘State of the State’ in Illinois – Opinion – Crain’s*

Although COVID-19 caused real gross economic output to decline in the second quarter of last year by 30.6 percent, annualized, what’s concerning are the pre-pandemic cracks that left Illinois extremely vulnerable to a downturn and its most vulnerable citizens even worse off. The arrival of COVID-19 meant Illinois’ Black families suffered even more than Black Americans in other states, and the state was too weak to help.

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Slow vaccinations: Another reason to avoid Illinois – Crain’s

Illinois’ vaccination efforts to date only reinforce negative perceptions of the state, adding another blemish to our tarnished image. Millions across Illinois who are desperate for vaccinations don’t know where or when they’ll get protection from a virulent pathogen that has killed 20,000 in the state. Many don’t even know how to find answers to those questions. Vaccine quests have been likened to the “Hunger Games,” frantic scrambles that reward only superhuman tenacity, or dumb luck.

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Do Biden or Pritzker give a flying fig about the children? – ChicagoNow

Pritzker has the power to order Illinoisans to “shelter” in their homes, to ruin businesses and to padlock the schools. He’s a Democrat, the same party as Chicago Mayor Lori Lightfoot, yet he hangs her out to dry when he could be using a huge influence to pressure the Chicago Teachers Union to end its insane, bogus and anti-scientific claims that its members are risking their lives by returning to the classroom.

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Column: CTU Invested $795,796 In Political Allies Who Lobby Chicago Way – Patch Chicago

Mark Konkol: “To me, the money trail — from taxpayers to teacher salaries to CTU coffers to political action committees to politicians spouting union talking points at a news conference — is a reminder that the looming threat of a teachers strike is about more than negotiations over how to safely offer parents the option to return students to classrooms.”

 

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For hotels, pandemic scars run deep despite ‘reopening’ – Pantagraph

Illinois mitigation efforts are restricting occupancy, which takes its toll on one of the industry’s most profitable areas, conventions and business meetings.

It would help if the state offered more information about reopening, even if time frames aren’t set in stone, Jacobson said. “Everything is going day-by-day,” he said. “The confusion it’s placing is mind-numbing.”

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David Brooks: Children Need to Be in School – NYT

“The [CTU] says its members won’t go back to work so long as the city’s positive test rate is above 3 percent. Where did it get that threshold as the basis for its negotiating stance? It pulled it out of thin air…. The negative effects of no school are the flip side of the many wonderful things teachers achieve when they are in school. But now the educational system is powerfully influenced by organizations that don’t seem to believe in critical thinking, adjusting beliefs according to the evidence, or combating fear with science.”

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Letter to the Editor: Indoctrination or Education – News-Gazette

Illinois’ “Culturally Responsive Teaching and Leading Standards” are up for ratification in the General Assembly on Feb. 16.

It would turn the entire K-12 system into a leftist indoctrination camp by mandating every teacher adopt and teach progressive political orthodoxy to student; whoever doesn’t will lose their license.

The men and women recently nominated to the Department of Education are activists who will look for any opportunity to impose these standards on the entire country.

Parents don’t have their kids for long. If they’re indoctrinated like this, parents are probably not going to have them at all.

Make an investment

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State Lessons in Vaccine Rollouts – Wall Street Journal

Some six weeks after the first shipments, the U.S. has administered some 53% of distributed vaccines. The gap continues to grow between states that are getting shots into arms, and those arguing over who gets what and when. North Dakota had administered some 84% of its supply as of Jan. 23, and West Virginia about 83%—far better than states like California (45%) or Alabama (47%). Federalism is showing what works—and what doesn’t. Comment: Illinois is currently at 48.2%

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Taking Stock of a Most Violent Year – Wall Street Journal


Some blamed the mayhem on the pandemic, but persistent cop-bashing emboldened criminals.

The St. Louis Post-Dispatch expresses the conventional wisdom: because of the “economic, civic and interpersonal stress” from the coronavirus pandemic. Chicago Mayor Lori Lightfoot blamed pandemic-related “frustration, anger . . . trauma and mental

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Truth in Accounting’s annual Financial State of the Cities

Chicago remains in second-to-last place. The current pandemic will only further deteriorate the city’s financial condition. The main cause of Chicago’s financial problems stems from the city’s unfunded retirement benefits. The city has only set aside 23 cents for every dollar of promised pension benefits. Furthermore, the city has not set aside any money to fund $829 million in other post-employment benefits for municipal employees.

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Op-ed: Who condemned the summer looting? Our university presidents mostly failed us. – Chicago Tribune*

A few presidents learned that the hard way. Northwestern President Morton Schapiro found himself in hot water for castigating anti-police demonstrators who had lit fires and vandalized local chain businesses in Evanston. “They care more about private property than human lives,” one student said, condemning Schapiro and other critics of the violence.

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Ultra-Woke Illinois Mandates Are Top Threat to U.S. Education – National Review

Keep your eye on the under-the-radar case of Illinois. That is where woke has gone for broke, and America may soon pay the price. Should the rule be ratified on February 16, the entire Illinois teacher corps will be effectively forced into political re-education and compelled to turn their classes into woke indoctrination sessions. Illinois is literally about to mandate that every one of its licensed teachers adopt progressive political orthodoxy and impart that

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Durbin, Duckworth ask Illinois’ U.S. attorneys to prosecute Capitol rioters – Crain’s

In a letter linked here and released to the media, Sens. Dick Durbin and Tammy Duckworth urged Illinois’ three U.S. attorneys to take action: “The violent mob, incited by the president of the United States, and comforted—and potentially aided—by certain members of Congress, sought to halt the peaceful transfer of power through an act of domestic terror.”

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Zorn: Welch’s past should’ve prompted Illinois Democrats to slow down election of new speaker – Chicago Tribune*

“(I)n September 2018, a considerably less forgiving Welch tweeted that Republicans should ‘do the right thing and withdraw (Brett) Kavanaugh’s nomination to the Supreme Court’ over allegations that he’d groped a young woman when he was in high school more than 35 years earlier. The testimony of Kavanaugh’s accuser was ‘credible and riveting!!!’ Welch wrote.”

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Why Mayor Lightfoot had a bad time in Springfield – Crain’s

Chicago Mayor Lori Lightfoot emerged from the Illinois General Assembly’s abbreviated session bruised by new legislation that will worsen the city’s financial woes and weaken her hand with public-sector unions. One bill passed in the session sweetens Chicago firefighter pensions, adding hundreds of millions of dollars to the city’s pension tab. Another gives the Chicago Teachers Union, already one of the sharpest thorns in the mayor’s side, bargaining powers it lost in 1995. And leaders in the Illinois Senate are committed to taking away her power to appoint school board members even though the effort is delayed for now.

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Illinois politics redux – Illinois Times

Bill Dwyer, former newspaper reporter, doesn’t spare words when it comes to Emanuel “Chris” Welch, the new Illinois House speaker.

“He’s the worst of the worst when it comes to crony politics,” says Dwyer, who lives in the Chicago area.

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Data show true ‘state of the state’ in Illinois – Opinion – Crain’s

“Although COVID-19 caused real gross economic output to decline in the second quarter of last year by 30.6 percent, annualized, what’s concerning are the pre-pandemic cracks that left Illinois extremely vulnerable to a downturn and its most vulnerable citizens even worse off…. During the State of the State, Pritzker needs to bring these reforms as his economic glue pot. Just chasing a bigger money pot will only widen the cracks.”

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Evanston School Superintendent Says Parents Pushing to Open Schools for In-Person Learning are ‘White Supremacists’ – Evanston Roundtable

“I’m sure that you have not had to reflect on your white supremist thinking and way of life. White Supremacy is no longer the white hooded villain attempting to cause physical harm. You make personal attacks towards me because we are not giving you what you want. I suggest you look in the mirror and reflect on who you are and how you are presenting yourself to an African American leader. I refuse to sit back and be assaulted about my decision making to not return to in person learning especially when the undertone is outright racists.”

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Boss Madigan Teeters in Illinois – Wall Street Journal

The man most responsible for the dreadful condition of Illinois politics and the state’s finance has finally suffered a tentative defeat. On Monday Mike Madigan, the speaker of the Illinois House for all but two years since 1983, said he will suspend his attempt to seek the 60 votes he needs for another term as the boss.

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DC riot arrests included 2 men from Chicago suburbs; Roselle man says it was ‘so much crazier’ – ABC Chicago

“Totally peaceful from my end, I don’t know what happened in the capitol because I was never there,” Fitzgerald said. He told the I-Team he condemns Wednesday’s violence.

“I wasn’t there on the front lines to really see it but from the little bits of social media that I have seen and just from being there, whatever that was like somewhat nefarious and that totally wasn’t the vibe of what was happening,” Fitzgerald said.

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Quit holding kids hostage in CPS reopening flap – Crain’s

Greg Hinz: “How much longer must a parent who’s seen their child lose much of one year of irreplaceable education wait to avoid a second year of loss? Should they have to wait longer than they want if they’re not the right color? Or will they just give up on CPS and move out of town? This is nasty, mean stuff. Using “equity” in this fashion risks achieving the opposite.”

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States of Growth and Decline – Wall Street Journal

Wirepoints cited: “Over the last decade, Illinois has lost 243,102 in population, about the size of Peoria and Naperville combined. Only West Virginia (-3.7%) has lost a larger share of its population than Illinois (-2%). Other states in the Midwest including Indiana (4.1%), Iowa (3.7%), Kentucky (3%), Missouri (2.6%), Wisconsin (2.5%) and Michigan (0.9%) have added population since 2010, according to research outfit Wirepoints, so Democrats in Illinois can’t blame cold weather.”

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2017 Federal Tax Cut Turned Out To Be Progressive. A Few Lessons For Illinois And Beyond – Wirepoints

For the first time, we have the actual results from the IRS instead of estimates and assertions. The wealthiest Americans paid a greater portion of the burden than they did before. There’s more. The tax law changes lopped a full trillion dollars off the value of high-end homes, not middle-class homes, which was part of a trade-off that accrued to the benefit of the country as a whole.
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Pensions Swamped in a Sea of Negative Real Rates – Bloomberg

Comment: The weighted average discount rate used by Illinois’ state pensions is about 6.8%. That makes the officially reported unfunded liabilities utterly fictitious for the reasons explained in this article. “Moody’s analysts expect to apply a 2.7% rate to local governments’ fiscal 2021 reporting, down from 4.14% in fiscal 2018 and about the same as Milliman’s current discount rate for corporate pensions. It will likely cause pension shortfalls “to increase by double-digit percentages” in the next two years, Moody’s says. As harrowing as that seems, the 2.7% rate is likely to prove higher than anything pension-fund managers can hope to

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2020 exposed the teachers unions for the frauds they are – Washington Examiner

“They’d rather spread deliberately exaggerated fears about the coronavirus so they can exercise power over local governments, encouraging teachers to walk out of the classroom if their schools reopen and threatening strikes if government officials buck their demands. Now, almost unbelievably, a teachers union in Chicago is suggesting widespread vaccination won’t be enough to convince teachers to return to the classroom.”

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